Tuesday, June 2, 2009

Tuesday Tip

A quick, painless money saving tip every Tuesday

Set up automatic deposits from your paycheck to your savings account. I had read this advice many times before my husband and I finally set it up a few months ago. It truly is amazing that money out of sight is out of mind! In the past, even when we had a monthly savings budget, it was easy to forget to deposit it or to put it off because we had a lot of expenses in a month. However, now that it is automatically taken out of my husband's paycheck, we just can't and don't spend that money. We know that it is available in an emergency, but meanwhile it is accruing interest and adding up quickly.

No comments:

Post a Comment

Thanks for commenting. I love to hear your feedback!